Aliso Viejo-based Telogis has purchased some assets and "substantially all" of the business of New Jersey-based Intergis for an undisclosed amount. The deal is expected to bolster the company's status in the telematics industry.
Intergis specializes in routing, mobile resource and fleet management technology for small- to midsize firms. The company has a customer base of more than 2,000 fleets – it's something Telogis CEO Dave Cozzens said will help "position" the local company for "substantial growth."
Telogis' Web-based location-intelligence technology helps companies manage fleets and optimize routes, among other features. The company has offices in Europe and Latin America, as well as development centers in Texas and New Zealand. Its products are used and distributed in more than 60 countries.
"Combining Intergis' complementary portfolio of customers with Telogis' award-winning solutions and second-to-none organic growth in the telematics market strengthens our position as one of the fastest-growing and most agile companies in the industry," said Cozzens.
This is the second acquisition for Telogis in the last eight months, and the deal is expected to support Telogis' expansion in the industry throughout 2011.
"It's an explosive market with great possibilities," said Cozzens, "and we look forward to continue driving its innovation and growth."
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